Description
7.0% Cap. Originally built as a hotel, this 14 Unit Apartment Rental, has been expertly refurbished. Tons of charm and only 17 miles or 27 minutes to Chattanooga. Excellent for Chattanooga, Monteagle, Sequatchie Valley workforce needs. Great for the outdoor enthusiast, who would work in Chattanooga during the week and would want to enjoy the outdoors on the weekend. Walking distance to the Sequatchie River's canoeing and Kayaking. Only minutes to Nickajack Lake and it's award-winning Bass fishing and water sports. Bring your ski-boat and make a day of it on the lake! Nearby Monteagle gives you tons of Hiking Opportunities, such as the Fiery Gizzard Trail. This 14 Unit Rental is perfectly located to fulfill part of the growing need for workforce housing in a very tight housing market in the area. Owner will consider Owner Financing
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0BEDS
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1ACRES
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0BATHS
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01/2 BATHS
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7,644SQFT
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$201$/SQFT
School Information
Description
7.0% Cap. Originally built as a hotel, this 14 Unit Apartment Rental, has been expertly refurbished. Tons of charm and only 17 miles or 27 minutes to Chattanooga. Excellent for Chattanooga, Monteagle, Sequatchie Valley workforce needs. Great for the outdoor enthusiast, who would work in Chattanooga during the week and would want to enjoy the outdoors on the weekend. Walking distance to the Sequatchie River's canoeing and Kayaking. Only minutes to Nickajack Lake and it's award-winning Bass fishing and water sports. Bring your ski-boat and make a day of it on the lake! Nearby Monteagle gives you tons of Hiking Opportunities, such as the Fiery Gizzard Trail. This 14 Unit Rental is perfectly located to fulfill part of the growing need for workforce housing in a very tight housing market in the area. Owner will consider Owner Financing
5640-1-14 Us-41 Highway , 1-14 Jasper, TN 37347
Property Description
Attached Garage YN No Carport YN No Construction Materials Other Exterior Features Private Yard Foundation Details Slab Garage YN Yes Lot Features Split Possible Parking Features Kitchen LevelOff Street Roof Shingle Roof Shingle Yes View YN No Waterfront YN No
Basement YN No Building Area Total 7644 Cooling Electric Cooling YN Yes Fireplace YN No Flooring Luxury VinylPlank Heating Electric Heating YN Yes Interior Features Eat-in KitchenOpen Floorplan Levels One
Association YN2 No Auction YN2 No Listing Terms CashOwner May Carry New Construction YN No Property Sub Type Apartment Senior Community YN No Special Listing Conditions Investor Tax Annual Amount 2079.89 Utilities Sewer Connected Utilities Sewer Connected Yes
Listing information © 2024 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Keller Williams Realty: 423-664-1900.
